Turnkey Grocery Business For Sale

Asking Price$1,200,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$3,235,194

Inventory$600,000
Not included in asking price
FF&ENot Disclosed

Meat & Fish
Exterior Photo
Entrance & Parking
Interior Photo
Grocery Section
Produce Section
Meat & Fish
Exterior Photo
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Turnkey Grocery Business For Sale


Asking Price$1,200,000

Cash Flow
Not Disclosed

EBITDA

Gross Revenue$3,235,194

Inventory$600,000
Not included in asking price
FF&ENot Disclosed

Business Description
Established Vietnamese grocery store operating successfully since 2008 in Downtown Kansas City, MO. This turnkey operation serves as the primary Asian market in the River Market area, offering comprehensive selection including grocery items, fresh produce, meats, seafood, frozen goods, teas, kitchen equipment, and clothing.

Business Financial Performance:
- Annual Revenue: $3,235,194
- EBITDA: $375,865
- EBITDA Margin: 11.6%
- Established customer base with 16 years of continuous operation

Property Details:
- Large format 18,000 square foot retail space
- Monthly lease: $3,500 ($2.33 per sq ft) + Taxes and all maintenance and repairs
- Lease term through July 31, 2027
- Prime downtown location with excellent visibility

Business Highlights:
- Top-rated establishment with excellent reputation
- Well-organized, clean store layout
- Comprehensive product variety serving diverse customer needs
- Strong market position as primary Asian grocery destination
- Loyal customer base built over 16 years

Operational Advantages:
- Most existing staff willing to remain post-sale
- Turnkey operation with all fixtures, furniture, and equipment included
- Established supplier relationships and operational systems
- Ideal location and building suitable for any grocery format

Sale includes all business assets, fixtures, furniture, and equipment. Inventory valued at $600,000 will be sold separately. Current owners are retiring after successful long-term operation.

This represents an exceptional opportunity to acquire an established grocery business with strong fundamentals, prime location, and growth potential in Kansas City's downtown market.
About the Business
Years in Operation
18
Employees
7 Full-time
6-7 full-time employees who will likely stay-on plus 6 family members will be re
Facilities & Assets
The Hung Vuong Market has been operating since 1994 and since 2008 at 303 Grand Blvd. It's located in the heart of Downtown Kansas City, Missouri right on the street car line and across from the Downtown Farmer's Market. The 18,000 SF grocery store has an 18,000 SF basement. The owners of the market currently lease their space. A new lease can be negotiated directly with the building owner. If a new grocer wants to own the building, they can negotiate directly with the building owner. All fixtures, furniture, and equipment is included in the $1,200,000 sales price. The grocery inventory will be sold separately and is estimated at approx. $600,000.
Market Outlook / Competition
The Hung Vuong Market serves as the primary Asian market in Downtown Kansas City, Missouri offering an excellent selection of produce, meats, seafoods, groceries, kitchen equipment and even clothing.
Opportunities for Growth
This location and building are ideal for any type of grocery business.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
18,000
Rent
$3,500.00 per month
Lease Expiration
7/31/2027
About the Sale
Seller Motivation
Owners are retiring
Transition Support
Most of the staff wants to remain. The owner/family will be retiring.
Listing Info
ID
2501547
Listing Views
76
Attached DocumentsAttachment Disclaimer

Hung Vuong Market - Sale Brochure.pdf

Hung Vuong Market - Equipment List.pdf

Hung Vuong Market_Confidentiality.pdf

Business Location

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Business Listed by: Kimberly Tranbarger

Listing ID: 2501547 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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